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Americans have started to splurge on discretionary items after a ho-hum winter season. This is well reflected in the pickup in retailers’ March sales, putting an end to three straight months of a decline.

Quickly recapping the markets for October, it was a better than expected month that saw the Dow Jones Industrial Average notch a more than 4% gain and the S&P 500 rise more than 2%. Here’s what we’ll be watching over the next five trading days.